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Liberty Global Class C

350 hedge funds and large institutions have $9.23B invested in Liberty Global Class C in 2018 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 107 increasing their positions, 131 reducing their positions, and 67 closing their positions.

New
Increased
Maintained
Reduced
Closed

69% more call options, than puts

Call options by funds: $21.3M | Put options by funds: $12.6M

0.05% more ownership

Funds ownership: 83.3%83.34% (+0.05%)

6% less funds holding

Funds holding: 374350 (-24)

13% less funds holding in top 10

Funds holding in top 10: 2320 (-3)

18% less repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 131

29% less capital invested

Capital invested by funds: $12.9B → $9.23B (-$3.72B)

33% less first-time investments, than exits

New positions opened: 45 | Existing positions closed: 67

Holders
350
Holders Change
-24
Holders Change %
-6.42%
% of All Funds
7.8%
Holding in Top 10
20
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-13.04%
% of All Funds
0.45%
New
45
Increased
107
Reduced
131
Closed
67
Calls
$21.3M
Puts
$12.6M
Net Calls
+$8.72M
Net Calls Change
+$2.73M
Name Holding Trade Value Shares
Change
Change in
Stake
Harris Associates
1
Harris Associates
Illinois
$867M -$258M -10,780,919 -20%
Dodge & Cox
2
Dodge & Cox
California
$839M +$7.07M +295,670 +0.7%
Eagle Capital Management (New York)
3
Eagle Capital Management (New York)
New York
$783M -$27.5M -1,151,504 -3%
BG
4
Baupost Group
Massachusetts
$614M +$454M +18,973,925 +176%
JSP
5
Jackson Square Partners
California
$414M +$70.9M +2,963,825 +17%
BlackRock
6
BlackRock
New York
$362M -$8.54M -356,930 -2%
Franklin Resources
7
Franklin Resources
California
$340M +$48.5M +2,027,258 +14%
SA
8
SPO Advisory
California
$328M -$10.7M -447,100 -3%
Vanguard Group
9
Vanguard Group
Pennsylvania
$210M -$695K -29,042 -0.3%
First Eagle Investment Management
10
First Eagle Investment Management
New York
$188M -$40.4M -1,690,143 -16%
PG
11
Pendal Group
Australia
$184M +$31.1M +1,300,673 +14%
T. Rowe Price Associates
12
T. Rowe Price Associates
Maryland
$163M -$7.07M -295,438 -4%
Principal Financial Group
13
Principal Financial Group
Iowa
$159M -$14.1M -591,295 -7%
Berkshire Hathaway
14
Berkshire Hathaway
Nebraska
$152M
FAM
15
Foxhaven Asset Management
Virginia
$136M +$19M +794,676 +14%
BBHC
16
Brown Brothers Harriman & Co
New York
$129M -$119M -4,982,845 -44%
Boston Partners
17
Boston Partners
Massachusetts
$128M -$16.1M -671,620 -10%
ROIC
18
Route One Investment Company
California
$126M +$38.3M +1,602,000 +36%
Invesco
19
Invesco
Georgia
$125M +$19.9M +832,794 +16%
CI Investments Inc
20
CI Investments Inc
Ontario, Canada
$123M +$13.7M +573,400 +11%
BWA
21
Brave Warrior Advisors
New York
$122M -$24.1M -1,008,926 -15%
AACR
22
ACR Alpine Capital Research
Missouri
$112M -$5.15M -215,068 -4%
State Street
23
State Street
Massachusetts
$112M -$69M -2,882,564 -35%
Macquarie Group
24
Macquarie Group
Australia
$109M +$14.1M +588,652 +13%
FCM
25
Farallon Capital Management
California
$102M -$49.2M -2,054,438 -29%

LBTYK Hedge Fund Activity: Q4 2018 in Review

350 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Liberty Global Class C (LBTYK) for Q4 2018, worth a combined $9.23B — down 29% from $12.9B a quarter earlier.

Sellers outnumbered buyers: 67 funds closed out of LBTYK and 45 opened new positions — a net loss of 22 holders — while 131 trimmed existing stakes and 107 added.

The largest buyer was Baupost Group, adding an estimated $454M. The largest seller was Harris Associates, cutting an estimated $258M.

  • 350 institutional investors held Liberty Global Class C (LBTYK) as of Q4 2018, down from 374 in Q3 2018.
  • Funds reported $9.23B of Liberty Global Class C stock for Q4 2018, down 29% quarter-over-quarter.
  • 45 funds opened new Liberty Global Class C positions in Q4 2018 and 67 closed out, a net change of -22 holders.
  • The largest Liberty Global Class C buyer in Q4 2018 was Baupost Group, an estimated $454M added.
  • The largest Liberty Global Class C seller in Q4 2018 was Harris Associates, an estimated $258M sold.

Based on aggregated 13F filings for Q4 2018.